SGX daily average value up 2% to $1.05b in April

Total derivatives traded volume rose 37% YoY to 20.8 million contracts.

Securities daily average value (SDAV) in the Singapore Exchange (SGX) gained 2% MoM to $1.05b during April, whilst market turnover value for Exchange Traded Funds (ETFs) rose 44% to $195m, according to an announcement. Assets under management for STI Exchange Traded Funds (ETFs) reached a milestone in April as fund size exceeded $1b.

Total derivatives traded volume rose 37% YoY to 20.8 million contracts, as global demand for risk management across asset classes continued. Total securities market turnover by volume was up 7% MoM to 22.9 billion shares, driven largely by real estate and consumer sectors.

The local bourse also noted that overall commodity derivatives volume increased 64% YoY, with volumes of iron ore and freight derivatives up 73% and 53% YoY, respectively.

Amidst swings across regional equity markets, the Singapore stock market was the best performing market globally in April. The Straits Times Index (STI) surpassed the 3,400 mark, generating 6.1% increase in total returns, propelled by Banks (+10.8%) and Utilities (+6.6%) sectors.

Reaching the people who run Asia's businesses is harder than it used to be.

Inboxes are crowded. Attention is short. The executives you most want to reach — the founders, CFOs, and operators who actually move budgets — are the hardest to find through the usual channels. If you're building a company, a category, or a reputation, you already know this.

We've spent twenty years building the room they read. Singapore Business Review is where senior decision makers in Singapore and across Southeast Asia come for business coverage they can't get elsewhere — in print, online, and in person at the summits and roundtables we host across seven markets.

If you have something these readers should know about — a point of view worth publishing, a product worth their attention, an event worth their time — we'd like to hear what you're trying to do.

Book a meeting

| Or download the media kit (PDF)

240,000 senior readers quarterly in print Top 1,700 Singapore companies reached

7 markets across Southeast Asia